Sintana has announced signature of an LOI for a potential acquisition of an interest in the PEL 37 exploration block in the Walvis Basin offshore Namibia. This could allow the company to further build out its exploration portfolio in this attractive area, increasing drilling optionality and potential news flow in the coming years.
21 Jan 2026
Sintana Energy (SEI LN) - Potential Walvis basin expansion - Corporate
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Sintana Energy (SEI LN) - Potential Walvis basin expansion - Corporate
Sintana Energy Inc. (SEI:LON) | 24.0 0 0.0% | Mkt Cap: 123.2m
- Published:
21 Jan 2026 -
Author:
Daniel Slater, CFA -
Pages:
4 -
Sintana has announced signature of an LOI for a potential acquisition of an interest in the PEL 37 exploration block in the Walvis Basin offshore Namibia. This could allow the company to further build out its exploration portfolio in this attractive area, increasing drilling optionality and potential news flow in the coming years.